New Risk • Feb 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 1.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.31m market cap, or US$2.42m). New Risk • Feb 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 59% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.1% per year over the past 5 years. Shareholders have been substantially diluted in the past year (59% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.56m market cap, or US$1.89m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). Announcement • Feb 10
Edison Lithium Corp. announced that it has received CAD 0.557875 million in funding On February 9, 2026, the company has amended the terms and closed the transaction. The company will now issue non-brokered private placement to issue 11,157,500 unit at an issue price of CAD 0.05 for the proceeds of CAD 557,875. The transaction involves the directors participation of acquiring 237,500 Units for aggregate proceeds to the Company of CAD 11,875.00. Each unit will comprise one common share of the company and one common share purchase warrant, whereby each warrant will entitle the holder thereof to acquire one additional share at a price of CAD 0.08 per share for a period of two years from the date of issuance. In connection with the Offering, the Company paid cash finder’s fees of CAD 32,000.00 and issued 640,000 nontransferable finder warrants, each exercisable to acquire one Share at a price of CAD 0.08 until February 9, 2028. All securities to be distributed under the offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable securities laws. The offering is subject to TSX Venture Exchange acceptance. Certain directors and officers of the company may acquire securities under the offering. 
